The billionaire Peugeot family’s investment firm got a boost from its exposure to SpaceX, partially offsetting a deep slump in the value of its stake in automaker Stellantis
WATCH: Stellantis and longtime Chinese partner Dongfeng have signed a $1.2 billion deal to produce Peugeot- and Jeep-branded vehicles in China, the automakers said, hinting at future expanded cooperation
NEWS: The Tesla Model Y just became France’s best-selling car. Not the best EV, the best car!!! 4,622 sales in August, up 383%, beating the Peugeot 208.
In August, Tesla sold 5,038 vehicles in France. Year-to-date: 36,161, up 148%. August was the first month Model Y ever led the entire French market. In a market built on Clio and 208.
Congratulations!!!